Gold prices rose from 1818 to the last time there was an adjustment within the red circle.
At this stage, MACD is pulled back to the 0 axis, and the next stroke appears. We need to pay attention to whether the next stroke does not enter the red adjustment range to form a buying point.
Whether it can enter or whether the next stroke is weakened must depend on the trend of small level. If (5 minutes) down. If the price does not enter, you can buy multiple gold prices directly.
Secondly, due to the rapid decline in the 5-minute trend, the price has entered the adjustment range. We can consider this transaction failed and continue to wait for trading opportunities. What do you think of traders
At this stage, MACD is pulled back to the 0 axis, and the next stroke appears. We need to pay attention to whether the next stroke does not enter the red adjustment range to form a buying point.
Whether it can enter or whether the next stroke is weakened must depend on the trend of small level. If (5 minutes) down. If the price does not enter, you can buy multiple gold prices directly.
Secondly, due to the rapid decline in the 5-minute trend, the price has entered the adjustment range. We can consider this transaction failed and continue to wait for trading opportunities. What do you think of traders
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.